115 Banker StBrooklyn, NY 11222

  • Manufacturing properties
  • 15,450 SF

Property Details for 115 Banker St

Year built
1928
Lot size
0.28 AC
Property size (Sq ft)
15,450 SF
Zone code
M1-1
Property type
Manufacturing properties
APN
02642-0024
APU
26420024

Description

This exceptional 7,600-square-foot industrial building presents a unique leasing opportunity in the heart of Williamsburg, Brooklyn. Located on Banker Street, this single-tenant property boasts a highly desirable M1-1 zoning designation, offering unparalleled flexibility for a variety of commercial uses. The space features a 13-foot ceiling height, one drive-in door, and is fully air-conditioned, complemented by abundant skylights for natural light. The building is in excellent condition and includes heavy power. Its prime location offers convenient access to major roadways, subway lines, and Manhattan, placing it within easy reach of a diverse workforce and customer base. With 85 linear feet of frontage on a busy pedestrian corner, this property provides exceptional visibility and foot traffic potential, ideal for businesses seeking high brand exposure. The property's proximity to McCarren Park and the Kent Avenue Waterfront adds to its appeal, creating a desirable work environment for employees. Off-street parking may be available. This is an unparalleled chance to establish a thriving business in one of Brooklyn's most sought-after neighborhoods. The Assessed Property Number (APN) is 2642-24.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $2,923,744
    Hospitality
    $2,678,134
    Educational
    $2,228,176
    Medical
    $2,304,806
    Retail
    $3,466,052

Location Insight

City
Brooklyn
County
Kings
State
New York
Latitude
40.7234
Longitude
-73.9542
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$75,166
$98,550
$706,500
$805,050
-
$219,000
$1,570,000
$1,789,000

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